#Chr Chromia bouncing within a descending channel formatio | Crypto PM on Binance Square

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Bullish

#Chr 
Chromia bouncing within a descending channel formation💁‍♂️
A successful bounce might kickstart a projected 100-120% bullish move✈️
Vote Me Here if This Helps You @Crypto PM  
Watch for a break above the upper channel boundary for bullish rally towards $0.38🚀
$CHR 
#ChromiaRoadmap #Chromia #CHRUSDT 

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Trade Setup for $DOGE /USDT (1D - Binance Perpetual) Market Structure Overview: The price is currently consolidating around a key support zone, highlighted in green. A descending wedge pattern is forming, with a breakout potential. A breakout above the red descending trendline could trigger a bullish move. Trade Setups: 1. Bullish Scenario (Breakout Strategy): Entry: After confirmation of a breakout above $0.32 - $0.34 with strong volume. Targets: First Target: $0.38 (previous resistance) Second Target: $0.46 (major breakout level) Third Target: $0.80+ (long-term bullish target) Stop-Loss: Below $0.29 to protect against false breakouts. 2. Bearish Scenario (Rejection & Retest): Entry: If price fails to break above $0.32 - $0.34 and faces rejection. Targets: First Target: $0.26 (previous local support) Second Target: $0.22 (strong demand zone) Stop-Loss: Above $0.35, ensuring limited risk. 3. Retest & Confirmation Trade: If the price breaks out above the trendline but retests the breakout zone ($0.32 - $0.34), it presents a re-entry opportunity with confirmation. Risk Management & Strategy: Risk-Reward Ratio: Maintain at least 1:2 or 1:3 to ensure profitable setups. Leverage Caution: Adjust position sizing based on market volatility. Confirmation Indicators: Look for volume surge, moving average crossovers, and RSI strength above 50 for bullish continuation. #DOGE #MarketRebound #Dogecoin‬⁩

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